Risk management of PPP project in the preparation stage based on Fault Tree Analysis

2nd International Conference on Advances in Energy Resources and Environment Engineering

能源学;生态环境科学

Xing, Yuanzhi^1 ; Guan, Qiuling^1

College of Management, Shanghai University, Shanghai

200444, China^1

关键词: Degree of risks;    Fault tree analyses (FTA);    Government decisions;    Government departments;    Private investors;    Public private partnerships;    Research object;    Risk Identification;   

Others  :  https://iopscience.iop.org/article/10.1088/1755-1315/59/1/012050/pdf
DOI  :  10.1088/1755-1315/59/1/012050

学科分类：环境科学（综合）

来源: IOP

【 摘 要 】

The risk management of PPP(Public Private Partnership) project can improve the level of risk control between government departments and private investors, so as to make more beneficial decisions, reduce investment losses and achieve mutual benefit as well. Therefore, this paper takes the PPP project preparation stage venture as the research object to identify and confirm four types of risks. At the same time, fault tree analysis(FTA) is used to evaluate the risk factors that belong to different parts, and quantify the influencing degree of risk impact on the basis of risk identification. In addition, it determines the importance order of risk factors by calculating unit structure importance on PPP project preparation stage. The result shows that accuracy of government decision-making, rationality of private investors funds allocation and instability of market returns are the main factors to generate the shared risk on the project.